In view of the upcoming effective date of the Anti-Money Laundering and Counter-Terrorist Financing (Amendment) Ordinance 2022 on June 1, 2023, the Securities and Futures Commission of Hong Kong, SFC, has published a new General Notice (G.N. 3130/2023) specifying the forms to be used by virtual asset service providers, VASPs, for the application for a license and the notification of various business matters when WINGS, the SFC’s online platform for electronic document submissions, isn’t available. The forms are attached to the notification and include the following – as quoted:
#### Forms
Form VA-1U—application for Licence—Corporation (VA trading platform Operator) Form VA-2U—post-Licence application (Va trading platform Operator)
Form VA-3U—application for responsible officer or licensed representative (VA trading platform Operator)
Form VA-4U—New Substantial Shareholder/ultimate Owner application (VA trading platform Operator)
Form VA-5U—Notification by Substantial Shareholder/ultimate Owner (VA trading platform Operator)
Form VA-6U—Notification and application by associated entity (VA trading platform Operator)
Form VA-7U—application—Officer for Signing Financial resources returns (other than responsible Officer) (VA trading platform Operator)
#### Supplements
Supplement VA-1U—information on Corporation (VA trading platform Operator) Supplement VA-2U—personal information (VA trading platform Operator)
Supplement VA-3U—bank accounts and Financial information (VA trading platform Operator)
#### Questionnaires
Questionnaire VA-1U—Questionnaire for VA trading platform Operator
Questionnaire VA-2U—Specific business profile and internal Control Summary (VA trading platform Operator)
Other Features
AML
auditing
beneficial owner
CFT
commodities
companies
compliance
crypto-assets
financial resources
notifications
registration
regulatory
securities
shareholders
trading
trading venues
Date Published: 2023-05-25
Date Taking Effect: 2023-06-01
Regulatory Framework: Securities and Futures Ordinance, Anti-Money Laundering and Counter-Terrorist Financing Ordinance
Regulatory Type: procedure
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